{"code":"WAT","codeName":"Water Code","section":"12885.8","citation":"Wat. Code, § 12885.8","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 6. CONSERVATION, DEVELOPMENT, AND UTILIZATION OF STATE WATER RESOURCES [10000. - 12999.]","url":"https://blackletter.si/water-code/division-6"},{"name":"PART 6. WATER DEVELOPMENT PROJECTS [12570. - 12949.5.]","url":"https://blackletter.si/water-code/division-6/part-6"},{"name":"CHAPTER 5. State Financial Assistance for Local Projects [12880. - 12893.]","url":"https://blackletter.si/water-code/division-6/part-6/chapter-5"},{"name":"ARTICLE 6. Loans [12885. - 12885.9.]","url":"https://blackletter.si/water-code/division-6/part-6/chapter-5/article-6"}],"history":"Amended by Stats. 1967, Ch. 179.","effective":null,"html":"<p>The department shall require the payment of interest on each loan that is made pursuant to this chapter after the effective date of the 1967 act amending this section, at a rate of 21/2 percent per annum.</p>","text":"The department shall require the payment of interest on each loan that is made pursuant to this chapter after the effective date of the 1967 act amending this section, at a rate of 21/2 percent per annum.","otherVersions":[],"url":"https://blackletter.si/water-code/loans-12885-8","source":"California Legislative Information bulk export (pubinfo)"}